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Local companies employing foreigners
Shanghai Expat Forum Index » Hot Topics Forums »  Visas, Taxes, and Legalities
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lostinshOffline
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Joined: Sep 05, 2007
Posts: 7
Location: shanghai
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Post  Posted: Sep 05, 2007 - 08:46 PM  Reply with quote  Back to top
Post subject: Local companies employing foreigners
Hello everybody,

I was wondering how many foreign employees can a local firm recruit? Are there no limits? I heard that the number of authorized foreign employees is based on the company turnover. Is that true?

Thx
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yu888
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Joined: Jan 25, 2003
Posts: 18042
Location: ZhongShanParkArea SH
Post  Posted: Sep 06, 2007 - 10:43 AM  Reply with quote  Back to top
should be based on the company's capitalization and teh nature of the company's business.

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underh20
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Joined: Sep 27, 2006
Posts: 9905
Location: EOA Seminar
Post  Posted: Sep 07, 2007 - 11:22 PM  Reply with quote  Back to top
Yes. And it must be paid-up capital -- actual cash-o-la!

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